All posts by Mishael Liu

Mishael Liu is a 4th year Honors Arts and Business program at the University of Waterloo, majoring in Economics with a Specialization in Finance, and minoring in Human Resources Management.

Economic Outlook on the U.S and Global Economy in 2019

An Article Written by Zuleykha Gasinova

As we progress to the last month of 2018, economists and various well-known financial agencies have released their forecasts about economic trends in 2019 and upcoming years. Considering the overwhelming economic and political agenda of 2018, economists have a distinct analysis regarding the U.S and global economy. While some economists are predicting a potential slowdown in the economic growth of the U.S and forecasting a recession in the second half of 2020, another group of economists do not feel gloomy about the current economic trends and therefore believe that the U.S economy will continue to grow and even help to boost the global economy. In this article, we are going to closely examine opposing arguments of economists regarding the 2019 economic trends.

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What is Economics of Information?

Article Written by Zuleykha Gasimova

Introduction

Economics of Information is a field of microeconomic theory which studies how the imperfect allocation of information affects economic analysis. If we examine the Neoclassical Theory, one of its main assumptions is that everyone has access to the same information (complete information) and everyone has perfect information about the prices of goods and services in the economy (perfect information).

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